An alleged customer of the crypto exchange giant Coinbase has hit the trading platform with a class-action lawsuit – claiming that the crypto firm “illegally sold” him “securities” in the form of Ripple’s XRP tokens, which has actually enjoyed a surprising rally today. In a legal document submitted to a...
Russian miner Norilsk Nickel, the world’s biggest palladium and high-grade nickel producer, has begun the first stage of its tokenization drive – partnering with two international exploration and mining firms to issue metal contract-backed, blockchain-powered digital coins. In an official release, Norilsk Nickel, fronted by Russian billionaire Vladimir Potanin, stated...
Leading media outlets around the globe have had their heads turned by meteoric bitcoin (BTC) rise as the crypotasset rocketed up beyond the USD 18,000 mark. And while crypto has remained a niche subject for the mainstream – except for rare and nefarious events such as the Mt. Gox exchange...
Regulatory uncertainty has been a way of life for crypto exchanges since the get-go. Running a crypto-related firm is like walking through a swamp in many respects – you never know what is waiting underfoot at the next step. But this has never been more the case, it would seem,...
The coronavirus pandemic has wrought financial chaos for all sorts of assets and commodities – including a massive crypto dip and plummeting oil prices. But with a barrel of crude diving into the negative zone earlier this week before recovering – a crypto-related mystery is developing. How is that while...
After falling by a historic 40% before recovering slightly yesterday, bitcoin (BTC) is today recouping some of its heavy losses, posting double-digit gains in the early hours of Friday trading. Today’s rebound comes after the number one digital asset once again saw heavy selling around midnight UTC time, pushing it...
Following an announcement from CME Group yesterday, some might get confused that the major derivatives market would shut down trading in bitcoin (BTC) futures & options, along with trading in other assets. Fortunately, this is not the case. What CME really said was that their “Chicago trading floor” would close...
It looks like the Chinese smartphone and electronics giant Xiaomi is taking its blockchain plans more seriously. Recently, the company set up a joint venture to focus on new business areas such as blockchain, big data, and artificial intelligence (AI). The Hong Kong-listed Chinese giant has been eyeing blockchain since...
American exchange giant Coinbase has become a second-tier member of the Japan Virtual Currency Exchange Association (JVCEA), the only officially recognized self-regulatory body of Japanese cryptocurrency exchanges. The JVCEA’s first-tier comprises exchanges that have been granted an official operating permit from the country’s financial regulator, the Financial Services Agency (FSA),...
Norwegian, the low-cost air carrier headquartered in Oslo, Norway, is set to allow customers to pay for air tickets using cryptocurrency within the year and hopes it will help to improve results of the company, an interview with the CEO of crypto exchange Norwegian Block Exchange (NBX) suggests. In the...